B.H.P. coal purchase approved
NZPA Melbourne The Broken Hill Pty, Company, Ltd, announced that it has received approval from the Federal Trade Commission of the U.S.A, for the acquisition of the whole of the issued capital of Peabody Coal Pty, Ltd, through its subsidiary, Dumpier Mining Company, Ltd. Peabody Coal is whollyowned by the Kennecott Copper Corporation. The purchase price is SUSIOOM. The acquisition will give B.H.P. a 58 per cent interst in Thiess Peabody Mitsui Coal Pty, Ltd, and a 50 per cent interest in Western Collieries and Peabody Pty, Ltd. The companies own the Moura, and Kianga collieries in Queensland.
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Press, 11 June 1977, Page 16
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102B.H.P. coal purchase approved Press, 11 June 1977, Page 16
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